Member Info for blackgold00

i'd be happy with 2.5p

Crusty "In view of the above I cannot see how anyone could claim that we are possibly in a better position than we were pre NT2 spud and hence I see absolutely no reason to think that the sp will perform any better now than it did then."

except we are now looking at 25% of a fully funded fullscale development 140mmscfd over the next 3years, PLUS the NT-2 well was targeting a Resources of only 153 BCF, so thats a 10 fold increase, to where we are today. yes

https://uk.advfn.com/stock-market/london/aminex-AEX/share-news/Aminex-PLC-Ntorya-2-Appraisal-Well-Update/72685565
"Ntorya-2 represents a low risk appraisal well targeting Resources of 153 BCF and follows the discovery well at Ntorya-1, which flow tested at 20 mmcfd with 139 bbls of associate condensate. The Company holds a 75% working interest and is the operator. "

In view of the above I cannot see how anyone could claim that we are possibly in a better position than we were pre NT2 spud and hence I see absolutely no reason to think that the sp will perform any better now than it did then.

except we are now looking at 25% of a fully funded fullscale development 140mmscfd over the next 3years, PLUS the NT-2 well was targeting a Resources of only 153 BCF, so thats a 10 fold increase, to where we are today. yes

https://uk.advfn.com/stock-market/london/aminex-AEX/share-news/Aminex-PLC-Ntorya-2-Appraisal-Well-Update/72685565
"Ntorya-2 represents a low risk appraisal well targeting Resources of 153 BCF and follows the discovery well at Ntorya-1, which flow tested at 20 mmcfd with 139 bbls of associate condensate. The Company holds a 75% working interest and is the operator. "

yes, certainly coming over alot more investor-friendly

i think yesterdays flurry of activity or alot of it, was from the fallout of 88e

yes not far off there Maverick, my guess, rise to 1.5p plus over the next 3 months, (could be quicker) and then up to 2.5p leading into CH-1 spud . conservatively

yes looking good, 0.80 sooner or later i think.

Crusty i was merely trying to point out, the interesting points Cperkin raised from the brokers note. that ("3D to cover most of Kiliwani North licence") was not to be done using or contracted from the Ruvuma/Ntorya 3D seismic program but from, as just mentioned, the proposed work-program that accompanies the Nyuni extension, and which as you say, are waiting on approvals.

cpeerkin, from last H/Y REPORT, the 3D seismic is the proposed work-program that accompanies the Nyuni extension, plus they have prepared a perforation strategy.

(Kiliwani North and Kiliwani South - Kiliwani North Development Licence )
1. "In order to benefit from economies of scale, the Company plans to acquire 3D seismic over part of the Kiliwani North Development Licence and multiple leads on the adjacent Company-held Nyuni Area acreage as part of the same programme."

2. Aminex has prepared a perforation strategy for a lower zone within the reservoir and an alternative remedial work programme intended to establish fluid levels in the wellbore

Kiliwani North and Kiliwani South - Kiliwani North Development Licence

"In order to benefit from economies of scale, the Company plans to acquire 3D seismic over part of the Kiliwani North Development Licence and multiple leads on the adjacent Company-held Nyuni Area acreage as part of the same programme."
https://www.lse.co.uk/rns/AEX/2020-half-yearly-report-uq2cf4oca8o85mi.html

i think they must be talking about the proposed larger Nyuni 3D seismic program

vike1, that would be revelational knowledge if true

"normally a brokers note is ramped to the max on AIM"

yes, and SCIR would had payed them for the note ? makes you wonder what they're about, maybe they have a buyer but not quite as much as was hoped for ?

if SCIR are in for the CH-1 drill as well as the seismic, they could be looking, with their share of funding being ca $10 million

https://www.lse.co.uk/rns/AEX/corporate-and-operations-update-72mqvxoh5r21hoc.html

·;" The 2020 Work Programmes and Budgets for all licences in Tanzania have been submitted to the government for approval which includes a gross contingent ca $40 million programme for the drilling of Chikumbi-1 and the acquisition of extensive 3D and 2D seismic surveys over the Mtwara licence, the costs for which Aminex is fully carried; "

i wouldn't say the drill was a long way off, if all goes according to plan, 9 months will soon be 6 and then 3, in the meantime the 3D seismic acquisition will be kicking off during the second and third quarter with processing being completed thereafter, which also could be quite revealing.

Why is it not joining in the recent rise, doesn't make sense

delayed 2,911,328 buy

a few 1m buys going through ? hmm all looking good at the moment

and a little tick up again : )

Crusty, calm down, its fine